EconPapers    
Economics at your fingertips  
 

Analyzing the dynamic capabilities of emerging technologies for industrial emergency situations

Kannan Govindan

International Journal of Production Economics, 2025, vol. 281, issue C

Abstract: Emergencies in industrial sectors have a significant impact on the affected population and on economic and operational sustainability. Accordingly, it is vital for industries to be active in their contingency action plans. Instead of integrating new systems and tools, it is more sustainable to adapt existing systems to manage emergency occurrences. The purpose of this paper is to analyze effective dynamic capabilities for technological implementation for all considered industrial emergency management. Drawing from emerging literature on Industry 4.0 and dynamic capability theory, a technology-based industrial emergencies model was developed. The developed model is tested using data collected from an auto manufacturing sector, and we use the Best Worst Method to test the proposed model. Twelve Industry 4.0 technologies have been considered for this study to explore their dynamic capabilities. For the practitioner's level of understanding, this study concludes with four essential technological dynamic capabilities for the facilitation of Industry 4.0 technologies in industrial emergency management. Further, strategies that hinder the facilitation of identified technological dynamic capabilities have been discussed. The study fills an important gap in industrial emergency management by analyzing essential dynamic capabilities for technology implementation in industrial emergency management.

Keywords: Industry 4.0 technologies; Industrial emergencies; Capabilities; Dynamic capabilities (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0925527324003529
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:281:y:2025:i:c:s0925527324003529

DOI: 10.1016/j.ijpe.2024.109495

Access Statistics for this article

International Journal of Production Economics is currently edited by Stefan Minner

More articles in International Journal of Production Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:proeco:v:281:y:2025:i:c:s0925527324003529